Ultracapacitor Market Forecast 2015-2020

Ultracapacitors, also known as electronic double-layer capacitors (EDLC) or supercapacitors, are already sufficiently mature technology with growing range of applications.

Ultracapacitors will drive $3.5 billion in energy storage revenues in 2020, accounting for 5% of the battery energy storage market in 2020. Yet in the beginning of 2012, ultracapacitors are still a small fledgling niche market. The following two roadblocks can be deemed to have held back the wide scale adoption of ultracapacitor technology: high price and lack of industry-wide experience with ultracapacitors.

On the other hand two major forces shape market dynamics quite favorable for technology adoption: